Magma General Insurance Limited, a active public limited company, was established on 26 June 2009 in Kolkata, West Bengal, India. Engaging in general insurance providers within the financial and insurance service sector, it holds CIN: U66000WB2009PLC136327. Registered under ROC Roc Kolkata. it is unlisted. It has an authorized capital of ₹350.00 Cr and a paid-up capital of ₹293.55 Cr.
It upholds a compliant status. Employing 2,005 professional, Its leadership includes Vinesh Mohan Kriplani (Director), Rajive Kumaraswami (Managing Director), Mayank Poddar (Director). Past directors included Swaraj Krishnan, Janet Gasper Chowdhury, Vegulaparanan Kasi Viswanathan. It holds no open charges and ₹1.19 Cr settled loans. Its latest AGM occurred on 26 September 2025, with the balance sheet filed on 31 March 2025. It is based at Development House 24 Park Street, Kolkata, West Bengal, 700016.
U66000WB2009PLC136327
136327
26 June 2009
₹350.00 Cr
₹293.55 Cr
Roc Kolkata
Unlisted
Active
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| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Vinesh Mohan Kriplani | Director | 01 Nov 2023 | Current |
| Rajive Kumaraswami | Managing Director | 15 Jun 2016 | Current |
| Mayank Poddar | Director | 26 Jun 2009 | Current |
| Sandhya Sharma | Director | 08 Nov 2022 | Current |
| Sanjay Chamria | Director | 26 Jun 2009 | Current |
| Sudhir Hansraj Kapadia | Director | 23 Jul 2024 | Current |
| Name | Designation | Cessation | Status |
|---|---|---|---|
| Pramod Abcsdd | Managing Director | 14 Jun 2016 | Past |
| Pramod Abcsdd | Director | 28 Oct 2016 | Past |
| Pramod Abcsdd | Additional Director | 23 Jul 2014 | Past |
| Pramod Abcsdd | Additional Director | 06 Aug 2024 | Past |
| Pramod Abcsdd | Additional Director | 28 Sep 2012 | Past |
| Pramod Abcsdd | Additional Director | 28 Sep 2012 | Past |
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Magma General Insurance Limited, for the financial year ended 2024, experienced no change in revenue, with a 0% increase. The company also saw a no change in profitability, with a 0% increase in profit. The company's net worth witnessed no change by increase of 0%.
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In 2024, Magma General Insurance had a promoter holding of 96.25% and a public holding of 3.75%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
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₹0
₹11,924,809.00
| Date | Lender | Amount | Status |
|---|---|---|---|
| 31 Jan 2020 | Others | ₹0.68 M | Satisfied |
| 16 Oct 2019 | Others | ₹0.90 M | Satisfied |
| 19 Jul 2019 | Others | ₹1.72 M | Satisfied |
| 23 Apr 2019 | Others | ₹1.00 M | Satisfied |
| 29 Mar 2019 | Others | ₹1.30 M | Satisfied |
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Magma General Insurance has a workforce of 2005 employees as of Feb 19, 2025. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.
Gain comprehensive insights into the Deals and Valuation data of Magma General Insurance, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Magma General Insurance's trajectory.
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Progress on Magma General Insurance Limited last Annual general meeting of members was held on 26 Sep 2025 as per latest MCA records. was documented.
Progress on Jens Holger Wohlthat was appointed as a Additional Director was appointed as a Additional Director on 30 Aug 2025 & has been associated with this company since 3 months 3 days . was documented.
Progress on Rajive Kumaraswami was appointed as a Ceo was appointed as a Ceo on 08 Jul 2025 & has been associated with this company since 4 months 26 days . was documented.
Sidhi Swapnil Jatkar was appointed as a Company Secretary was appointed as a Company Secretary on 04 Apr 2025 & has been associated with this company since 7 months 29 days . was recorded as a recent event.
The activity Magma General Insurance Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Kolkata. was completed.
The activity A charge registered on 19 Jul 2019 via Charge ID 100277858 with Others was fully satisfied on 26 Jul 2024. was completed.
The CIN of Magma General Insurance Limited is U66000WB2009PLC136327.
Magma General Insurance Limited is headquartered at Development House 24 Park Street, Kolkata, West Bengal, 700016.
Magma General Insurance Limited was incorporated on 26 June 2009.
The current directors of Magma General Insurance Limited are
The primary industry of Magma General Insurance Limited is Financial And Insurance Service.
Magma General Insurance Limited is unlisted.
The authorized capital of Magma General Insurance Limited is ₹350.00 Cr, and the paid-up capital is ₹293.55 Cr.
The compliance status of Magma General Insurance Limited is Compliant.
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